Senior Housing and Assisted Living Facilities for Sale in Arizona

ID#003208    Approximate Beds/Units:  16   Location:  Phoenix

Another firm is pleased to present a rare investment opportunity to acquire a brand new, luxury 16-bedroom 18-bathroom assisted living home in the highly coveted Central Phoenix area! This exclusive offering provides the astute investor seeking cash flow and a higher cap rate, the chance to acquire a Class ‘A’ property in one of the nation’s most desirable communities for senior living. This 16bd home is conservatively projected to have gross monthly income exceeding $112,000 and an annual gross income surpassing $1,344,000! Don’t miss this exceptional opportunity to own newly constructed luxury residential assisted living home with the potential for further growth and profitability. Construction to be completed in Q1 2026. The facility is licensed through AZDHS for a maximum of 16 assisted living residents. Designed with an open-concept floor plan, each of the 16 private bedrooms includes an en suite full bathroom and private courtyard, ensuring a premium living experience. Additional features include a hall bathroom, live-in caregiver suite with its own en suite bathroom, office, salon, laundry room, spacious living room, a gourmet chef’s kitchen, ample storage, abundant natural light, formal dining area, and multiple common seating areas, all designed to promote an active and social lifestyle. Outdoor features boast beautifully maintained gardens, a walking path, and a tranquil patio area ideal for relaxation and social gatherings.

ID#003204     Approximate Bed/Units: 117   Location:  Wagon Wheel

Another firm is pleased to introduce an Assisted Living Facility with 117 beds. PROPERTY FACTS:
Price Per Bed:        $132,470          Lot Size:        1.48 AC
Sale Type:        Investment        Building Size:        97,023 SF
Property Type:        Health Care        No. Beds:        117
Property Subtype:        Assisted Living        No. Stories:        3
Building Class:        B        Year Built:        2003

ID#003207   Approximate Beds/Units:  111/90   Location:  Peoria

Another firm is pleased to introduce a State-of-the-Art Senior Living and Memory Care Facility built in 2018 in Peoria Arizona. The facility is licensed for 111 beds (90 rooms). There are 75 beds that are licensed for Directed Care (Memory Care), which allows for the highest level of care and 36 beds are licensed for Personal Care (Assisted Living). A bonus to this opportunity is the 1.71 acres of land to the north side of the Facility that is prime for an additional 65+ units. The City of Peoria has indicated they will support additional Assisted Living (AL, IL, MC) or 55+ age restricted apartments. Adding these additional units will substantially increase the income to the overall project. The existing Assisted Living Facility has a separate Memory Care wing with four different floor plans to choose from. The Facility is a two-story building that includes a business center, a beauty salon, library, game room, theater room, full gym, MedyJet massage bed, arts and crafts room, dog park, and a beautiful courtyard for residents to enjoy year-round. There are also two stand-alone electric charging stations (4 chargers) valued at $30,000, that were installed in 2021.

ID#003206    Approximate Beds/Units:  100   Location:  Peoria

Another firm is pleased to introduce this 100-bed assisted living portfolio that presents a rare opportunity to acquire a stable, income-producing asset with a triple net (NNN) lease in place. Designed for long-term investment security, this property is fully leased to an established assisted living operator, ensuring a hassle-free revenue stream. This offering has a thoughtfully designed environment catering to senior residents with vibrant game rooms, high-speed internet, and beautifully landscaped areas. The on-site tenant provides a comprehensive suite of services including housekeeping, transportation assistance, medical support, package delivery, and concierge services, creating a comfortable and well-serviced senior living experience. Situated in Peoria, the property enjoys excellent connectivity near Highway 101, 60, and Interstate 17.

ID#003205     Approximated Beds/Units:  30+48=78    Location:  Mesa

Another firm is pleased to introduce a nearly 62,000 sf, R5 zoned, 1.79 acre property formerly an Assisted Living Facility and before that a hotel. This is a two-story property with basement that boasts 78 units: 30 1-bedrooms and 48 studios. The property is plumbed for kitchenettes and rooms have their own bathroom and tub/shower combo. Each unit has a P-tech AC unit and common areas have large ac units. The main floor features an office, 2 large common areas/rec room/dining area type spaces, and the kitchen is in the basement which features walk in cooler and freezer. The roof has been repaired and benefits from lots of solar! The property is continuing the ongoing improvements and therefore the price may be adjusted accordingly as improvements take place (i.e. exterior paint). The property is vacant and needs an interior remodel! Lots of possibilities! It is located near many other 55+ communities.

ID#003203    Approximate Beds/Units:   107     Location:  Chandler

Another firm is pleased to introduce an Assisted Living Facility with 107 beds.

PROPERTY FACTS:
Lot Size: 3.44 AC
Sale Type Investment Building Size: 83,740 SF
Property Type: Health Care No. Beds: 107
Property Subtype: Assisted Living No. Stories: 2
Building Class: B Year Built: 2007

ID#003156    Approximate Beds/Units: 18    Location:  Phoenix

Another firm is pleased to introduce a 6,396 SF Health Care Building with 18 beds in Phoenix.

Property Facts:

Price: $2,899,000         Building Size:  6,396 SF

Price Per Bed:  $161,056           No. Beds: 18

Sale Type: Owner User           No. Stories: 1

Property Type: Health Care   Year Built: 2020

Property Subtype:  Assisted Living

ID#0038154   Approximate Beds/Units:  62/74     Location:  Phoenix

Another firm is pleased to introduce a 31,181 SF Health Care Building in Phoenix. This NNN investment opportunity is being marketed at a 7.0% cap rate and below replacement cost at $200/SF. This housing facility’s present use is senior living/assisted living. There are 62 rooms ranging from 164 SF to 292 SF. Many rooms have two to three beds. The current tenant of 12 years is the fourth largest Hispanic nonprofit in the country with an operating budget of over $74 million. The tenant moved into the property in May of 2012 and has had 2% annual rent increases. In May of 2022 and 2023, the landlord executed a one-year extension with the tenant to give a future owner flexibility in negotiating their lease terms, changing the use of the property, or even for an owner/operator to buy the facility. They have signed a one-year lease extension until May 31st, 2024. This 74-bed facility is the model template facility for all future facilities. This site has over $500,000 of tenant improvements (paid for by the tenant over the last decade) and all mechanical systems have been replaced or repaired. The landlord is responsible for the roof and structure. The tenant is responsible for all other costs associated with the property. This property sits on 1.5 acres, improved with a 31,181 SF group home constructed in 1964 & 1984. The tenant has been in existence since 1987, is continuing to add additional locations throughout the United States, and is in a growth mode due to high demand. They maintain a high level of occupancy at or near 100%, with an average stay time of 30 to 60 days. A new roof was installed in 2021.

ID#0038151   Approximate Beds/Units:  20 Beds    Location:  Tucson 

Another firm is pleased to introduce the sale of an existing, operating, 20-bed Assisted Living Facility and Business. The real estate is $2,350,000; operating business concern is $50,000. The current occupancy is full – 20 residents. Extra land is available for the construction of a second building. The building size is 7,738 SF.

ID#0038155 – Approximate Beds/Units:   123    Location:   Tucson

Another firm is pleased to introduce an Independent Living, Assisted Living, and Memory care Facility. Independent Living offers beautiful apartments with all the comforts of home. Located in Northwest Tucson, the uniquely designed custom villas allow residents to age in place with all the comforts of home, all under the backdrop of the beautiful Sonoran Desert. The property has 5 existing Villas and a 1.5-acre lot that is entitled to build an additional 55 Independent Living units. The property is professionally managed and is positioned for substantial growth. Villa 1 – 1.5 Acre lot for additional 55 rooms – Independent Living. Villa 2 – Currently has 16 Assisted Living Rooms. Entitlements allow for future development with Villa 2 being demolished and combined with Villa 1 to build 55 additional Independent Living units. Villa 3 – 22 rooms – Memory Care Villa 4 – 16 rooms/31 beds – Memory Care Villa 5 – 27 rooms – Assisted Living Villa 6 – 27 rooms – Assisted Living The Villas are all licensed for Memory Care, which is the highest level of care. Under this license, all rooms can operate as either all Assisted Living, all Memory Care, or both. Amenities will include exercise & wellness centers, a full-service beauty salon, activity & media rooms, community computer stations, scenic paths & tranquil vistas, housekeeping & laundry service, beautiful dining areas, chauffeured transportation, and an emergency call response system.